Historical Backdrop: The Emergence of Environmental Impacts
Developers with projects that impact wetlands, streams and endangered species must acquire permits from the U.S. Army Corps of Engineers (USACE) and the U.S. Fish & Wildlife Service to comply with federal and statutory regulations. Permits allow developers to compensate for unavoidable environmental impacts to wetlands, streams and endangered species. The most common form of compensation is the purchase of environmental credits from mitigation banks, followed by individual project-specific mitigation plans, where bank credits are not currently available.
Humble Beginnings: A Developing Market in Environmental Offsets
In response to growing demand for mitigation solutions, Terry McKenzie transformed his private land into Martin Creek Mitigation Bank in 2003. During the development of the bank, he learned to navigate a complex process that included interacting with ecologists, biologists, and foresters, as well as various government entities, private industry and nonprofit organizations. Terry leveraged the success of Martin Creek Mitigation Bank by founding Mitigation Solutions USA in 2007.
Environmental Stewardship: Ecological Sustainability is the Gold Standard
Mitigation Solutions USA became a subsidiary of Advanced Ecology, Ltd. in 2007. Advanced Ecology, Ltd. is a unique family of companies with a diverse pool of talented ecologists and business professionals. Through its subsidiaries, the firm has been in the natural resource management business since 1979 and has established and managed more than 57 projects involving wetland, stream and endangered species in multiple states and USACE districts, across a wide range of habitat types.
Proven Expertise in Developing Sustainable Solutions